Question

@ranga @Becki
A new car has a sticker price of $22,450, while the invoice price paid was $19,450. What is the percentage markup?

A. 15.42%
B. 11.36%
C. 13.36%
D. 10%

Answer 1

Subtract the invoice price from the sticker price. Then divide that number by the invoice price. That's your percentage.

Answer 2

b

Answer 3

That isn't what I got.

22450-19450=x
x/19450=percentage markup

Answer 4

idk its confusing me

Answer 5

OK. So first, subtract the dealer price from the sticker price.

Answer 6

i got 6.4

Answer 7

22450-19450=

Answer 8

3,000

Answer 9

Now divide that by 19450, the price the dealer paid (invoice).

Answer 10

a

Answer 11

yes. :)